Is City Center, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, City Center was a Neutral Market.
Housing Prices in City Center, MT
How much do homes in City Center, MT cost?
Median Sold Price
$179,800
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in City Center was $179,800 in April 2024, up 2.7% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $146.2K | $140K | -4.3% |
2 Bedrooms | $135.6K | $163.7K | +20.7% |
3 Bedrooms | $199.7K | $218K | +9.1% |
4 Bedrooms | $284.5K | $272.5K | -4.2% |
5+ Bedrooms | $305K | $500.4K | +64.1% |
Summary: City Center housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 64.1%.
Median Sold Price Compared To Nearby Neighborhoods
Cobban St. / Oregon Ave. | $236.7K | $245.7K | +3.8% |
City Center | $175K | $179.8K | +2.7% |
Montana Tech / W. Platinum St. | $244.2K | $250K | +2.4% |
Silver Bow Park | $250K | $243K | -2.8% |
Housing Supply in City Center, MT
How many homes are available in City Center, MT?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 23 | -4.2% |
Summary: The City Center real estate market had 23 homes for sale in April 2024, a 4.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 2 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The City Center housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 60%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in City Center in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for City Center, MT
How long does it take to sell a home in City Center, MT?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 44 Days | -33.9% |
Summary: Homes in City Center had an average of 44 days on market in Apr 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in City Center; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.